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HomeMy WebLinkAbout2805 , 1 u~ : , y I~rINF.4~9 5'i'-11, 2 , ; ; . . ; hr~2tcr E. Dav=s ' ~ THIf INSTR~MENT PREPARED UV~ i /?BSTRACT & TITLE CORP. OF FLA. { 20d 8. 2ND ST. FORT PiERCE. FLOR~OA ~Et~ -~/D ~N p~rk~~ ~ ~ Mll.ti ~ 7A . MlRS11ANi TO Ctb{F?ER )l•131, ACi~Of I471., t~c~r, ~ ~fRP01fR~p~~~~&~G.A~, . ~ortgage ' THIS ~10RTGAGE, made Jan~=~Y ~ , 1972, by and bctwcen PAUL J. GEARIN an~ DOROTHY S. G..ARIN . hi s.ri f e + , ot Cpunty Of St. Lucie , State of Florida, the "1~lortgagof' /whe:Aer one or more), anci ~ J. T. st~w~r r~cE cot~At~c, irtc. ~ a corporaUon of the State of Florida, having its princjpal ottire and post oftice address at Coral GaDics, Fiorida. the t •'Dlortgagee." i WITNFSS~'TH: The Mortgagor. for good and ~•aluable considera!ion re~.~ei~~ed, and also in rnnsideratlon ot the principal ~ sum named in the note hereinaiter descrtbed, does hereb}• mortgage. ~;rant, bargain, sell and concey unto the Mortgagee. its successors and assigns, all ot the follawing described lot oc lots. tract or parcels ot land. including therewith and as ~ a part thereo[, the Duildings and improvements and all the rights. water rights, pri~ileges, hereditaments and appur- ~ tenances, now or hernafter in anyv?~[se appertalning or belonging thereto. and any part of i any street or alley adjacent, ~-acated or to be vacated, situated in the County of St. LuCie Sta!e ot Florida, to-wit: Lot 9, Bloc.k 2, PORT ST. LUCIE, SECTION ZTni~Y-FIVE, according to tne Plat thereof as recorded in Plat Book 13, paqes 32 and 32i~ thru 32I'of the Pui~lic Records of St. Lucie County, Florida. the "premises" herein. '1'OGF.'T`HER WITH (a) all the estate, right, tftle, interest, homestead. dower aad right oi dow•er, separate estate, pmperty, poseession, claim and demand whatsoever, as well in law as in equity, of the Mortgagor in an~ to the premises and every part and parcel thereoi. and (b) the renfs, is~sues and proSts ot the premises, and (c1 all fix- tures. furnishia~s and equipment now. or hereaiter during the term oi this Mortgage. belonging or attached to any build- ing on the iand, or which are installed or pLced in or about eny such building for use as a part thereot in conjunction with the use or occupancy ot the bullding, including under the foregoing (but not limlted to, or by apecial or general reterence luniting or excluding any other Sxtures. furnishinSs or equipment as aforesajdl, the foliowing: storm vestibules. doors and windows; window, door and porch screening, awnings, shadea and blinds: furnace, stoker, gas and oil and ` electric burners and heaters, grates, radiators and registers, hot water heater and all heating equipment; motois, fan~, ; incinerators, air condltioners and ceatilators; ali llghtiag fixtures: wa0, folding, roll out or disappearing beds; Ifnoleum: i ice boxes, refrjgeration units and equipment; kitchen cabInets and units; all utility ur.it sec:ions; e ; All such fixtnres~ furnishinga and equipment are and shall be deemed to be a permanent acceesion to the Iand or buildings thereon wherein placed or iastalled and a part of the pmmises, and real property as betK•een the parties hereto and all i parties claiming by, through or under them. ~ Tp HAVE AND TO HOLD the premises unW the Mortgagee and the successors and assi8ns of the Mortgagee for- eeer, and the Mortgagor covenants: That he is law[ully seized of the premises in tee simple and has good right to mort- ~ gage, sell and convey the premLses: that the premises are free from all liens or encumbrancea whatscever pacept and ~ unless heceinaftet spedScelly stated, and the Mortgagor wacrsnts and v~ill defend the prnmises unto the Mortgagee, its ' wccessois and assigns against e~ll claims and demands whatscever. : ~ THIS MORTGAGE IS GIVEN to secure complisnce with snd ihe perfocmance ot the obligations and co~enants here- ' ~ in of the Mortgagor, and to secure the payment of a pmmis~ory note of even date herewith, the terms ot which are in- ~ corporated here(n by reference, e~•Idencing an indebtedness of the 3lortgagor to the ~Iortgagee in the principal sum oi 3 TI?IRTEE~I THOtJSAivB TWO HLTT:DRED AIvD i~0/100----------------------DOLLARS (i 13,200.00 ~ z~ bearing jnterest trom date at the rate of seven & three fourth per centum ( 7 3/4 K~ per annum on the unpaid balance. both fnterest and principal being payable monthly at the principal oH ce o e' o- ~ ~ gagee. or at such other place as the holder o[ the note may designale in writing, by monthly inatallments in the amount ~ ~ ot fiinety Nine and 79/100-------------------------------------DOLLARSIs 99.79 ~ e~ ~ each, due and payable on the lst. day of each and e~•ery month, commencing July 1 , 19 ~2 : ~Y ~ except that monthly installment pa~-ments shall not extend beyond June 1 , 199'] , on which dste any - Nrincipal and interest remaining unpaid shall be due and paid in tull. - srepayment mal be nade without penalty. ::s ~ - If the principai sum and interest are paid as in the note agreed and the covenants snd agreements herein contained are fully kept, perlormed and complied with, then thia Mortgage shalt be discharged, but if detault occun in the making of any payment or as to any agreement, condition or covenant in the note or in this Mortgage requ[red and agreed. the - unpaid principal sum, intereat, and all other indebtedness, the payment ot which is secured hereby, shall at the elecUon - ~ta:.e ~cc~.;..,~cr.t.:xy ~~~:.::~p~ a`f~xed to *_ne original nate and cancelled. ~ ;;':'t - go$x 1y8 r~2$0~2 ~ - ~ ~ _ ~ , . . _ .